The National Venture Capital Association wrapped up its annual VentureScape conference Wednesday and officially installed Scott Sandell, general partner at New Enterprise Associates, as its 2014-2015 chairman of the board. The NVCA also named Jon Callaghan, founder and general partner at True Ventures, as chair-elect for the 2015-2016 year, and named six new directors to the board, who will start four-year terms.

The new board members are Alexis Borisy, partner at Third Rock Ventures; Jeff Crowe, managing partner at Norwest Venture Partners; Tim Curt, managing director at Warburg Pincus; John Drew, general partner at Technology Crossover Ventures; Mike Maples, managing partner at Floodgate Fund; and Ashton Newhall, general partner at Greenspring Associates.

ALSO IN TODAY’S VENTUREWIRE (subscription required):

Medrobotics, a startup that wants to give the famous DaVinci surgical robot a run for its money, has raised a $26 million Series E round to finish up the regulatory process and commercially launch in Europe and in the U.S.

OpenDNS, a cyber-security vendor, has raised $35 million in an oversubscribed funding round as it continues to develop its ability to block threats that no other security company has found. The company set out to raise about $20 million and could have raised $50 million, the founder and CEO said.

Netskope, a cloud app analytics and policy enforcement company, has closed a $35 million Series C funding round led by Accel Partners, with existing investors Lightspeed Venture Partners and Social+Capital Partnership also participating.

Pantheon Systems has raised $21.5 million for software that simplifies the hard work of building, launching and maintaining corporate websites. The Series B round was led by Scale Venture Partners and includes OpenView Venture Partners and current investors First Round Capital and Foundry Group.

PeopleDoc is expanding its human resources software service worldwide and has raised a $17.5 million Series B round led by Accel Partners to do it. The CEO said other firms competing to lead the round offered higher valuations but he turned them down.

Acxiom, a data analytics vendor, has agreed to acquire LiveRampfor $310 million in cash in a deal that will bring North Bridge Venture Partners a 4x-5x return, a partner told VentureWire.

Click With Me Now, a startup that enables “co-browsing” and is run by a former Disney CTO, has raised $2.25 million.

(VentureWire is a daily newsletter with comprehensive analysis of all the investments, deals and personnel moves involving start-ups and their venture backers. For a two-week trial, click here.)

ELSEWHERE AROUND THE WEB:

Square Expects Profits Next Year. Internal projections show that mobile-payments company Squareexpects to start turning a profit about a year from now, Miguel Helft reports for Fortune. The story, based on interviews with Square executives, counters a recent WSJ story that reported widening losses and said the company had held acquisition talks with Google. The Fortune story cites sources saying that talks between Square and Google were centered around a possible investment by Google Ventures. Square has secured a $225 million line of credit, Fortune reports.

But What Does Jack Want? In a memo from 2012 that he posted to Medium on Wednesday, Square co-founder Jack Dorsey tells employees they shouldn’t throw his name around to push through an idea–for example, “Jack really wants this to happen.” Such tactics are “obviously counter to the meritocracy/marketplace of ideas we want to build,” Dorsey wrote.

Airbnb Served With New Subpoena in New York. New York Attorney General Eric Schneiderman served home-rental site Airbnbwith a new subpoena on Wednesday, a day after a New York judge threw out his previous request for information about thousands of Airbnb hosts in New York City, the WSJ’s Douglas MacMillan and Craig Karmin report.

How the Nature of Competition Has Changed. Not long ago, dealing with competitors was pretty straightforward for entrepreneurs, writes Singularity University’s Vivek Wadwha for the WSJ’s Accelerators blog. Now the nature of competition has changed, because you can no longer see the competition coming.

Nextdoor CEO Charged With Hit-and-Run.Nirav Tolia, the CEO of neighborhood-based social network Nextdoor, was charged Wednesday with felony hit-and-run for allegedly fleeing a crash near San Francisco that left a woman injured, SFGate’s Henry Lee reports. Nextdoor raised $60 million last October at a valuation of more than $500 million. Investors include Kleiner Perkins Caufield & Byers, Tiger Global Management, Benchmark, Greylock Partners and Shasta Ventures.

Polaris’ Bitterman Named Rising Star.Kevin Bitterman, partner at Polaris Partners, won the Rising Star VC award in health care at the New England Venture Capital Association’s “NEVY” awards, according to Polaris’ Twitter feed Wednesday night. VentureWire’s Brian Gormley profiled Bitterman as a “rising star” in a March story for our sister publication Private Equity Analyst.

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